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Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions

Jan 10, 2013

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description EKOVEST BERHAD (“EKOVEST” OR THE “COMPANY”)

(I) PROPOSED TRANSFER OF 100% OF THE ORDINARY SHARES OF RM1.00 EACH IN WIRA KRISTAL SDN BHD (“WIRA KRISTAL”) IN EXCHANGE FOR NEW ORDINARY SHARES OF RM1.00 EACH IN EKOVEST (“PROPOSED SHARE EXCHANGE”); AND

(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (“PROPOSED IASC”) OF THE COMPANY

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcement dated 30 January 2012.)

We refer to the announcements dated 30 January 2012, 18 July 2012, 6 November 2012, 7 December 2012 and 4 January 2013.

On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 8 January 2013, approved an extension of time of two (2) months from 5 January 2013 up to 5 March 2013 to submit the draft circular for the Proposed Share Exchange to Bursa Securities in accordance with Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 10 January 2013.

 

 


Announcement Info

Company Name EKOVEST BERHAD  
Stock Name EKOVEST    
Date Announced 10 Jan 2013  
Category General Announcement
Reference No MM-130110-56791
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